$1,475,000

582 Bald Point Rd Panacea, FL 32346

Estimated payment $8,490/month

Total Views 4,425
4 Beds
2.5 Baths
2,888 Sq Ft
$511 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Deck
  • Screened Porch
  • Open Floorplan
  • Modern Architecture
  • Home Office

About This Home

Welcome to your exclusive slice of paradise on the serene shores of Bald Point, Florida. This exquisite 4-bedroom, 2.5-bath single-family home is a true gem, offering a harmonious blend of coastal elegance, modern comfort and privacy. Seller financing possible. The one-acre trophy property features 123' of private, white sandy beach and is bordered to the rear by the 12,000-acre Bald Point State Park ensuring natural beauty, endless outdoor recreational opportunities and unparalleled privacy. Sunbathing, fishing, hiking, biking and so much more are mere steps from your front door. As you enter at ground level, a 4-stop hydraulic elevator awaits to whisk you to all levels of the home. The first level features a spacious open concept living area, a large dining room and a chef's kitchen complete with granite countertops, a huge island and stainless steel appliances. Ample windows infuse the entire space with comforting natural ambient light and highlight views of your white, sandy beach and the open waters of the Gulf of Mexico. The first level is completed by two guest bedrooms and a shared en-suite bathroom and a large, functional laundry room. Level two consists of an additional guest bedroom overlooking Bald Point State Park, an en-suite half bathroom, and the expansive primary suite. The spacious primary suite includes a large Florida room with wet bar, a generous master bedroom and a large en-suite master bathroom. Just as on the first level, strategic, expansive Peachtree windows perfectly frame dramatic views of the Gulf of Mexico. Whisking up to the third level, we find three cohesive spaces that blend together to form the perfect entertaining space. With a full gas "butler's" kitchen, a large screened in porch and a huge rooftop terrace, the third level is an entertainer's dream. The views from the open rooftop terrace are truly stunning and must be seen in person to truly appreciate. Even with all the thoughtful comforts included in this amazing home, when the weather turns bad, this house really begins to shine! From the steel beam construction, the electric hurricane shutters, and the closed-circuit television system, to the 23KW whole home propane generator and whole house sound system, you'll be set to ride out the weather or anything else in modern style. This trophy home truly has too many features for a mere written description to convey. Schedule your private tour today and experience what modern elegant coastal living feels like on Florida's Forgotten Coast.

Listing Agent

John Brown

Beach Properties of Florida License #565281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 2002

Lot Details

  • 0.97 Acre Lot
  • Property fronts gulf or ocean

Parking

  • 2 Carport Spaces

Home Design

  • Modern Architecture
  • Vinyl Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 2,888 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Home Office
  • Screened Porch
  • Utility Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Power Generator
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / E
  • Assessor Parcel Number 12037-33-06S-01W-1030-000E-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,277

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 3
  • Miscellaneous: 9 + Foot Ceilings, Deck, Survey
  • Road Frontage Type: Maint - Gvt., Paved
  • Style Exterior: Modern/Contemporary
  • Tax Database Id: 9
  • Tax Item Number: 33-06S-01W-1030-000E-0030
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 01/08/2025
  • Street Designation: Road
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Estimated Sq Ft: 2888
  • Year Built: 2002
  • Directions: Highway 98, S on 370/Alligator Drive; L on Bald Point Road to 582 on right
  • Elementary School: OTHER COUNTY
  • Geo Longitude: -84.334469
  • High School: Franklin County High School
  • Middle School: Franklin County Middle School
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Oven(s), Refrigerator w/Ice, Washer, Generator
  • Floor Plan: Story - Three Plus MBR Up, Elevator
  • Kitchen Dim: 15x15
  • Living Area Description: Open Floor Plan
  • Master Bedroom Dim: 15x14
  • Other Room Description: Primary Suite Family Room
  • Other Room Dim: 18x24
  • Other Rooms: Pantry, Porch - Screened, Study/Office, Utility Room - Inside

Exterior Features

  • Construction: Siding - Vinyl, Stucco, On Pilings
  • Frontageview: Gulf Frontage, Gulf View
  • Number Of Acres: 0.97

Garage/Parking

  • Garage: Carport - 2 Car

Utilities

  • Heating: Propane
  • Cooling: Central, Electric
  • Water Heater: Electric, Gas
  • Utility Provider: DUKE: Electric, OTH: Local to County

Schools

  • Elementary School: OTHER COUNTY
  • Middle School: Franklin County Middle School
  • High School: Franklin County High School

Lot Info

  • Lot Dimensions: 121x378x119x355
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12037-33-06S-01W-1030-000E-0030

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,277 $378,688 -- --
2023 $3,297 $367,658 $0 $0
2021 $3,351 $346,553 $0 $0
2020 $3,508 $341,768 $140,000 $201,768
2019 $3,525 $335,178 $0 $0
2018 $3,660 $328,928 $0 $0
2017 $3,644 $328,928 $0 $0
2016 $3,659 $332,858 $0 $0
2015 $3,676 $332,858 $0 $0
2014 $3,736 $334,822 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 For Sale $1,475,000 -- $511 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Mortgage History

Date Status Loan Amount Loan Type
Closed $241,100 New Conventional
Closed $225,000 Unknown
Closed $150,000 Credit Line Revolving
Source: Public Records

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Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 380518

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 33-06S-01W-1030-000E-0030